{quote} oh well.. i think we need to wait for this lady to speak tomorrow till friday and hope she will be hawkish.But still waiting what will be the 4H close. @pedro your setup is still valid as of now. Let's see.
{quote} I'm with you!
{quote}
{quote} The problem they have is: they can't keep taking out the lows without actually breaking the level 1.0880-70, if they do then there will be massive bearish candle D1 that everyone will be shorting. So, I don't think we will see lower unless is continuation down.
{quote} {quote} Plenty of support (potential reversal points) all over the place below 1.086 For example @1.0817 from a rising trendline connecting the lows of November 10 and December 8
but I was talking about horizontal levels (sorry I didn't mentioned) I should consider this on my technical analysis too maybe scalp some pips with small lot!
then I'll take a more bearish view for eurusd. {image}
{quote} It looks like it really wants to go to 0850.
{quote} It is ok, there will be other opportunities.
{quote} The bears force is really strong, thinking of switching sides when it get a good retracement. let's see.
{quote} 62-58 not done yet. 1.0912 is a good level to sell. I will wait for lower to buy again if it breaks. Not so interested in shorts because of W1 chart.
{quote} Currently i can see it created HH and HL, with a possibility of a inverted H&S and weekly suppor? am i seeing it right?
{quote} Exactly, this is D1 fib confluence, 61.8 + 38.2 whole swing, also seen on W1. It is safer to wait for reversal pattern on intraday charts to enter. I like to try levels where I know price will most likely bounce so I can adjust stops, that is the aggressive approach.
{quote} Let's see if the daily will close at least above 61.8 so tomorrow we have a chance for a daily bounce.
